Senate GOP SCUM vote to PROTECT Wall Street 3 Times so far

[JaggedEdge]

:S2::S2::S2: "Reid charged that it was "anti-American" to attempt to alter the bill through closed-door negotiations rather than hashing it out on the Senate floor."

Yeah, because the Dems didn't use closed-door negotiations and shit to push Healthcare through, right?

Both parties can suck it!

[boaz]

Both parties can suck it!

:jointsmile: no doubt. I think we are real close to FINALLY getting third parties on the ballots here in Oklahoma! :smokin: when that happens I will never vote dem or repub again.

[RedLocks]

:S2::S2::S2: "Reid charged that it was "anti-American" to attempt to alter the bill through closed-door negotiations rather than hashing it out on the Senate floor."

Yeah, because the Dems didn't use closed-door negotiations and shit to push Healthcare through, right?

Both parties can suck it!

haha exactly, I wonder if the bipartisan politicians and their unquestioning supporters can hear themselves talk

[bigtopsfinn]

heh, you misunderstand no biggie. The post you quoted was actually 100% plagiarized from this article Why Every Aspect of Dems' Handling of Wall St. Overhaul Seems Headed for Disaster | News & Politics | AlterNet
I wasn't getting on you or anything bro, continue

Sad...


:S2::S2::S2:

[ElGordoSupremo]

Actually, it's the SCUMBAG liberals pushing their socialists agenda...again. Sure love the adjectives the dems are using

Really? What adjective did I use to piss you off so much?

From what i read in that article Obama wants the banks to pay for their own bailout if they want want one in the future instead of you and me paying for it. Also if my company is owed money by one of these failing banks the FDIC will possibly pay this out of this fund, that the failed bank contributed into Creditors always get consideration in the eyes of the court.

When I read more I find out that it will break up these 'too big to fail' companies. And that maybe selling something that is worth absolutly nothing maybe a bad thing.

Oh and btw you do know that most of the Tarp funds have been paid back dont you? Theres a few notable exceptions, but most have paid back at least 100%. Including General Motors. Looks like another good decision.



In regards to another post;
Closed door negotiations? I assume your refering to the health care bill. They held town hall meetings in every dumb fuck little county in AZ so I can imagine what they held in places that really mattered. When has ANY administration EVER done anything like that before? And from the other side all i saw on the news was a bunch of brownshirts shouting so no one could hear anything.

[Rusty Trichome]

Really? What adjective did I use to piss you off so much?

Oh IDK...perhaps the title of the thread had something to do with it.

From what i read in that article Obama wants the banks to pay for their own bailout if they want want one in the future instead of you and me paying for it. Also if my company is owed money by one of these failing banks the FDIC will possibly pay this out of this fund, that the failed bank contributed into Creditors always get consideration in the eyes of the court.

From what I understand it is a required tax to be put in a federally managed fund. As with Social Security, are they going to put it in a "lock Box" or are they going to leverage ( Leverage (finance) - Wikipedia ) against it and bankrupt yet another business too big to fail? Who determines which bank get's to dip into the funds, and at which point? (just before elections perhaps...?) Are there repayment requirements, or is it a "bailout" fund? Once the $50 billion is in the fund, are the banks going to have to keep adding to it, or will the government then suspend taxes till necessary again? It's not that I don't trust thes government, but I in no way trust this administration and the bullshit Chicago dealmaking and social justice rhetoric.

When I read more I find out that it will break up these 'too big to fail' companies. And that maybe selling something that is worth absolutly nothing maybe a bad thing.

You let them fall on their collective swords. The larger ones will be broken-up into individual or smaller companies through the bankruptcy restructuring process, the mismanaged portions will face liquidation. They are the ones that mismanaged the company. But you want to loan them money to do it again?

You can beat a dead horse with money, but it still won't pull it's weight.

Oh and btw you do know that most of the Tarp funds have been paid back dont you? Theres a few notable exceptions, but most have paid back at least 100%. Including General Motors. Looks like another good decision.

From a N.Y. Times article dated April 30, 2010:

...Truth seekers the nation over, therefore, are indebted to Senator Charles E. Grassley, Republican of Iowa, who in recent days uncovered what he called a government-enabled â??TARP money shuffle.â?� It relates to General Motors, which on April 21 paid the balance of its $6.7 billion loan under the Troubled Asset Relief Program.

G.M. trumpeted its escape from the program as evidence that it had turned the corner in its operations. â??G.M. is able to repay the taxpayers in full, with interest, ahead of schedule, because more customers are buying vehicles like the Chevrolet Malibu and Buick LaCrosse,â?� boasted Edward E. Whitacre Jr., its chief executive.

G.M. also crowed about its loan repayment in a national television ad and the United States Treasury also marked the moment with a press release: â??We are encouraged that G.M. has repaid its debt well ahead of schedule and confident that the company is on a strong path to viability,â?� said Timothy F. Geithner, the Treasury secretary.

Taxpayers are naturally eager for news about bailout repayments. But what neither G.M. nor the Treasury disclosed was that the company simply used other funds held by the Treasury to pay off its original loan.

Did GM Repay TARP Bailout?

They used another TARP account to pay thier original debt. Would you call that paid-back? Wish my finances worked that way. How does it feel being lied to by the obama administration and the companies it runs? I wonder how those cars are really selling. :wtf:

[Islandborn]

heh, you misunderstand no biggie. The post you quoted was actually 100% plagiarized from this article Why Every Aspect of Dems' Handling of Wall St. Overhaul Seems Headed for Disaster | News & Politics | AlterNet
I wasn't getting on you or anything bro, continue

huh? Plagarized? Now thats rich. Sorry dude, this isnt a thesis statement. Nie try though.

Plagerized? Get the f--k outta heya. (new york accent)

[Islandborn]

did you make that shit up as you went along? What the hell was that supposed site you are quoted as saying I plagerized? Wierd shit.

[RedLocks]

huh? Plagarized? Now thats rich. Sorry dude, this isnt a thesis statement. Nie try though.

Plagerized? Get the f--k outta heya. (new york accent)

ok sorry,forgot you capitalized a word or two after you copy pasted your entire post, and turned "decade" into "10 years" lol..:thumbsup:

[Islandborn]

Huh? Copy and pasted what exactly? That two line sentence? Laughable. Plagerize......funny stuff. What was the point of that.....very strange dude.